KPIT Technologies’ net profit declined 28 per cent to ₹120.61 crore in the September-ending quarter of 2026, largely owing to change in fair market value of investment. Revenue grew 6.5 per cent annually to ₹1,690.96 crore.
On a quarterly basis the company reported nearly 3 per cent growth in profit attributable to company owners and revenue grew 1 per cent compared to previous quarter.
Growth driven by Trucks and Off-Highway segments, US and India geos, and Connected and Aftersales domains helped offset around 13 per cent revenue decline on YoY basis in Top 2 accounts, said the company. Meanwhile, TCV stood at $ 213 million.
“The mobility industry continues to navigate major shifts in technology priorities, investment cycles and business models. Our Q2 FY27 performance is in line with expectations and reflects the early impact of our renewed strategy. We are seeing broadening opportunities across Passenger Vehicles, Off-Highway and Trucks segments. Our offerings in Connected Vehicles and Aftersales are gaining traction, while Beacon, KPIT’s Mobility Intelligence product, is strengthening our strategic relevance with clients,” said Kishor Patil, Co-founder, CEO and Managing Director, KPIT.
Regarding the AI-led approach offering differentiated solutions, improved productivity and measurable business outcomes to clients, Patil said the shifts create significant opportunities for KPIT.
Similarly, Sachin Tikekar, President and Joint MD, KPIT said, “ Despite a sharp reduction in business from two of our largest clients, growth across several other existing and new clients has enabled us to largely offset the impact and maintain a broadly stable revenue base. Operationally, our focus is on scaling emerging accounts, converting opportunities into executable programs, and improving the quality and predictability of delivery. We have seen a marked improvement in our pipeline, supported by growing traction in US and India. The Caresoft integration is strengthening our capabilities in Vehicle Engineering and Manufacturing Consulting, creating new opportunities. ”
Company headcount grew marginally to 12,347 employees in the quarter while Europe remained the best perofrmaing region.
Published on October 28, 2026
